A South Florida developer is questioning the well-established facts of climate change, and is putting his money where his mouth is, investing millions to build residential projects in highly exposed Miami Beach.
Brazilian billionaire Jose Isaac Peres is hosting an inaugural party Thursday for the sales center of his planned 81-unit 57 Ocean, where the penthouse will cost $31 million. He’s also seeking permission to build another condo project, a four-story development on Ocean Drive.